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Essay

The Decline of The Peso: The Argentina Crisis

Essay specific features

 

Issue:

Business

 

Written by:

Mariella M

 

Date added:

May 15, 2013

 

Level:

 

Grade:

A

 

No of pages / words:

7 / 1701

 

Was viewed:

6921 times

 

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Essay content:

The results were persistent inflation and low economic growth. More recently, in 1989, Carlos Menem became president and the core of his policies was the Convertibility Law. It ended hyperinflation by establishing a pegged exchange rate with the U.S. dollar and backed money issued by the central bank substantially with dollars...
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dollar and backed money issued by the central bank substantially with dollars. The exchange rate was initially 10,000 Argentine autrales per dollar: on January 1, 1992 the peso replace the austral at 1 peso = 10,000 australes = US $1. The major disaster of the period was that the unemployment rate rose...
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General issues of this essay:
Kennedy's True Initiative in Times of Crisis: The Cuban Missile Crisis 1994 Mexican Currency Crisis Argentina Economic Crisis Asian Crisis On 1998 Chaos In The Currency Markets : Currency Crisis Of The Ems Critically examine why financial liberalisation brought financial crisis in most of the Asian countries but did not bring a crisis in either China or India. How Did The Appreciation Of The U.S Dollar And Depreciation Of The Yuan Affect The Timing And Magnitude Of The Asian Currency Crisis? Mexican Peso Crisis Soros And The European Currency Crisis south-east asian currency crisis TEQUILA SENOR : THE MEXICAN PESO CRISIS The Decline of The Peso: The Argentina Crisis Tourism in Post-Crisis is Tourism in Pre-Crisis: A Review of the Literature on Crisis Management in Tourism October Crisis October Crisis
 

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